14 Hrs
Source:
الحقيقة الدولية
Al-Najdaoui: Olive wages up by 10 piastres
The Olive Press Owners and Olive Producers Syndicate has increased the price of olive oil extraction from 65 piastres to 75 piastres per kilogram. This is the first increase in about 12 years, due to rising costs of operation, labor, and imported spare parts. The price of a can of olive oil is expected to remain between 90 and 110 dinars, with this season's production surpassing 30,000 tons of oil from approximately 210,000 tons of fruits. No imports are anticipated due to the abundance of produce. The syndicate also emphasized the importance of meeting the local market's needs before exporting to ensure sufficient quantities for consumers.
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